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Brent rose slightly to about $104.30 on November 4 amid uncertainty over US-Iran peace talks. Qatar said both sides were weighing new mediator proposals, while Iran called the US response unsatisfactory.
Limited US strikes on Iranian missile sites were reported earlier in the week.
Stalled talks keep a geopolitical risk premium in crude, supporting diesel and fuel costs for feed milling and transport.
ndtvprofit.comTanmay TiwaryNov 4, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
